Everplay Group Share News (EVPL)

(Alliance News) - everplay PLC on Wednesday predicted full-year results ahead of consensus, with a strong performance expected to continue in the second half.

The Wakefield, England-based app and video game company said trading was strong in the first six months of 2025. According to everplay, "robust" results and sustained momentum will lift annual earnings slightly above market expectations.

Adjusted earnings before interest, taxation, depreciation and amortisation are likely to be second-half weighted due to the timing of games releases, the company noted.

everplay highlighted its acquisition of the Hammerwatch franchise from Stockholm-based developer Crackshell AB. It now holds intellectual property and publishing rights for the game, though Crackshell co-Founder Niklas Myrberg will oversee Hammerwatch through everplay's Team17 division.

Team17 focuses on game lifecycle management and evergreen appeal. Buying up third-party games provides more predictable returns, everplay said, and is the company's way around the risks of new game development.

"This new revenue stream allows the group to further strengthen its back catalogue while leveraging everplay's best-in-class life cycle management skills," everplay explained.

Other purchases include the games Settlement Survival and Operation Tango. Including Hammerwatch, everplay estimated paying a combined consideration below GBP8.0 million for the acquisitions.

The company will release half-year results in early September.

everplay shares rose 13% to 354.50 pence on Wednesday afternoon in London.

By Holly Munks, Alliance News reporter

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